Top on the wish list is the total scrapping of clauses adding tax pain to their already heavy shoulders in the Finance Bill, 2024. "Crop production is getting more expensive due to the downside spiral effects of a high tax regime. Last year, the high cost of fuel after affecting 16 per cent VAT saw me cut the fleet of matatus by five. I'm afraid that the proposed vehicle tax will send me back to my native Katilu village,'' Anam said. As taxpayers present their wishes, the Parliamentary Budget Committee approved a Sh4 trillion budget to be presented by National Treasury CS Njuguna Ndung'u on June 13.

Source: The Star June 11, 2024 05:06 UTC